Entrepreneurship opportunities for aspiring leaders

May 11, 2015Nii Ashalley

Entrepreneurship opportunities will be different at various markets. study local or the global market if you wish to start an e-commerce business.

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Which industry looks the most promising in terms of entrepreneurship opportunities? After all, we would like to explore a sector as per our niche expertise and passions, isn’t it? Well, let’s stick to hard facts then.

Thriving Industries for Entrepreneurship Opportunities in 2015

E-retail startups are expanding, recruiting, and providing huge increments to the best performers of the industry. Look at India, the e-commerce industry is growing incredibly there. Some of the Indian e-commerce startups are offering 50 plus percent annual increments to their best employees.

Doug Neal, Executive Director of the Center for Entrepreneurship talks about the strategies for spotting entrepreneurial opportunities.

Compelling entrepreneurship opportunities can be found in the Fantasy sports service industry as well. The Fantasy sports service industry has grown by 7.7 percent in 2014. FanDuel, a dominant player in the industry, can soon be seen to overtake ESPN and Yahoo. It is just 5 years old company and already worth more than $1 billion [http://www.inc.com/jeff-bercovici/best-industries-2015-fantasy-sports-services.html].

Food e-commerce is going to be another appealing sector. This is a trillion-dollar industry in the US. Have you heard of Blue Apron? Blue Apron is the biggest player in this sector. It started operation in 2012. And now it’s already $500 million worth of the company.

There are lots of stories like this to share. But, let’s sum this up. Here are the top sectors to look out for entrepreneurship opportunities in 2015 –

Top Entrepreneurship Opportunities

Internet and Data Service – Well, you will certainly have lots of business opportunities in this sector as our dependence on e-commerce has increased. And the growth in mobile technology is going to keep this business segment alive for the next several years.

E-commerce – You can become an affiliate marketer or sell your own products online.

The Food E-commerce Segment – Try to track the segment for attractive entrepreneurship opportunities. You will see a huge transformation and growth in this industry in the coming years as lots of scope for improvements are still there.

Relaxation beverages – The industry revenue can be expected to grow by 12 percent in the next five years.

Mobile CRM Software Development – This 2014 mobile report indicates that half of the CRM users like to access the system on their smartphones or tablets.

So, that offers a huge entrepreneurship opportunity to web software developers and professionals with IT skills. This indicates IT industry will be one of the leading opportunities.

Content Marketing – Huge entrepreneurship opportunities are lurking in this industry. Refer to this study that says 70 percent of the B2B marketers are aiming at creating more content and content marketing than a year ago. The study also reveals the content marketing trend has improved by 43 percent in the last year in North America.

How to Find Prospective Entrepreneurship Opportunities?

Networking is perhaps the best answer to that. You will also require knowledge of the economy. Of course, opportunities in the global markets will be different. Study the local market or the global market if you wish to start an e-commerce business.

You should be studying the past industry trends and understand their growth pattern. Also, follow online platforms like FT.com for recent updates and inspirations.

Nii Ashalley

Nii Ashalley is the inspirational voice at The Business Frontal. His uplifting quotes, dubbed "Ashalleyistics", have encouraged many entrepreneurs, start-ups and leaders to achieve their maximum potential. He is a seasoned counselor, a life and business coach and an author of many call to action business articles.